100% Original, Plagiarism Free, Tailored to your instructions

Order Now!

Project Management

Project Management
Assignment5 PERT/CPM
Answer the following regarding Reynolds Construction Company (see problem descriptionbelow):
1. a. Draw a PERT diagram of this building project. Label all nodes and indicate all activityduration times.
b. What is the criticalpath?
c. How long will it take to complete the project withoutcrashing?
d. What is the associated cost of the entireproject?
e. Revise the schedule in order to complete the project within 10weeks.
f. Indicate the new cost and critical path (orpaths).
2. Suppose Reynolds is proceeding on the 10-week cost schedule (that you determined in parts 1e and1f above). [To meet the10-weekschedule in Part 1e, you had to crashoneormore activities. Here,you start with that schedule that you determined after you crashed these activities – or activity.YoucanNOTgobackand‘uncrash’activities.Onceyoupaythemoneytoshortenanactivity,youcan’tgo back and ‘unshorten’it.] It becomes obvious that it will take not two but five weeks to preparethe necessary data for the request for Oakmont approval and that this step alone will now cost$7,000. (Assume that activity C cannot be crashed down from 5 weeks for parts a, b orc.)
a. What steps would you take to keep on the 10-week schedule?
b. What would be your new critical path orpaths?
c. What would happen to projectcosts?
3. Go back to your answers to 1e and 1f. You’ve got the project expedited to 10 weeks and then,inusual fashion, the higher-ups tell you to get it down to 6 weeks*.
a. Is it possible to expedite the project to finish it in 6 weeks? Show why or whynot.
b. If there is a penalty cost of $10,000 per week for every week the project is late beyond 6weeks, what action would youtake? Be specific. What activities would you crash – howmany weeks would you crash them and/or for how many weeks would you incur apenalty? Whatis the associated cost of the entire project given your actions? If you provide justgeneralizations here, you will receive nocredit.
4. Go back to Question 1b – before you revised the schedule to complete the job in 10 weeks(meaning you’ve not crashed any activities to finish the job in 10 weeks). What is the probability ofcompleting this building project in 9weeks?
Reynolds ConstructionCompany
In 2015, Reynolds Construction Company received a contract to construct a water purificationsystem forthecityofOakmont.ByJanuaryof2016,workwasnearlycompleteonthemainsystem;however,itwas apparent that work on a special remote control building would have to be finished earlier thanoriginally planned if the main system was to be completed ontime.
Mr. James Alison, field construction supervisor for Reynolds had arranged a meeting with Mr.HenryPhillips,projectengineer,torestudythearrowdiagramoftheircriticalpathschedulefortheconstructionoftheremotecontrolbuildinginanefforttodeterminetheshortestpossibletimeinwhichthejobcouldbedone without spending more money thannecessary.
Reynolds uses PERT as a tool to assist in project planning and control. A list of the activitiesandpredecessors for the remote control site are shown in Exhibit 1. The cost table, Exhibit 2, lists theactivities, their normal costs and their expected durations (te), optimistic (min required) durations (to) andpessimistic durations(tp).Thesequenceofconsecutiveactivitiesrequiringthelongesttimetocompletebeforetheendof theprojectisknownasthe”criticalpath”forthatproject.Thepathisconsidered”critical”becauseanydelay in that particular sequence will delay the completion of the entireproject.
JobDescription ImmediatelyPrecedingJobs
A Procurematerials Start
B Preparesite Start
C Prepare request for Oakmont Engineering Departmentapproval Start
D Prefabricate building and deliver tosite A
E Obtain Oakmont Engineering Departmentapproval C
F Install connecting lines to mainsystem A
G Erect building and equipment onsite B, D,E
Cost and Time Table for Remote Control BuildingProject
Activity ActivityCost
(for expected timeduration) Max PossibleTime(weeks) ExpectedTime(weeks) Min PossibleTime(weeks) crashcost/week
A $5,000 4 3 2 $5,000
B $14,000 8 6 4 $6,000
C $2,500 3 2 1 $2,500
D $10,000 7 5 3 $4,000
E $8,000 3 2 2 —
F $11,500 8 7 5 $3,000
G $10,000 6 4 2 $7,000
Total cost of completing the entire project is $61,000 – assuming no activities are crashed. Any crashcosts must be added to that amount. Note that Activity E can NOT beexpedited.

Our Service Charter

  1. Excellent Quality / 100% Plagiarism-Free

    We employ a number of measures to ensure top quality essays. The papers go through a system of quality control prior to delivery. We run plagiarism checks on each paper to ensure that they will be 100% plagiarism-free. So, only clean copies hit customers’ emails. We also never resell the papers completed by our writers. So, once it is checked using a plagiarism checker, the paper will be unique. Speaking of the academic writing standards, we will stick to the assignment brief given by the customer and assign the perfect writer. By saying “the perfect writer” we mean the one having an academic degree in the customer’s study field and positive feedback from other customers.
  2. Free Revisions

    We keep the quality bar of all papers high. But in case you need some extra brilliance to the paper, here’s what to do. First of all, you can choose a top writer. It means that we will assign an expert with a degree in your subject. And secondly, you can rely on our editing services. Our editors will revise your papers, checking whether or not they comply with high standards of academic writing. In addition, editing entails adjusting content if it’s off the topic, adding more sources, refining the language style, and making sure the referencing style is followed.
  3. Confidentiality / 100% No Disclosure

    We make sure that clients’ personal data remains confidential and is not exploited for any purposes beyond those related to our services. We only ask you to provide us with the information that is required to produce the paper according to your writing needs. Please note that the payment info is protected as well. Feel free to refer to the support team for more information about our payment methods. The fact that you used our service is kept secret due to the advanced security standards. So, you can be sure that no one will find out that you got a paper from our writing service.
  4. Money Back Guarantee

    If the writer doesn’t address all the questions on your assignment brief or the delivered paper appears to be off the topic, you can ask for a refund. Or, if it is applicable, you can opt in for free revision within 14-30 days, depending on your paper’s length. The revision or refund request should be sent within 14 days after delivery. The customer gets 100% money-back in case they haven't downloaded the paper. All approved refunds will be returned to the customer’s credit card or Bonus Balance in a form of store credit. Take a note that we will send an extra compensation if the customers goes with a store credit.
  5. 24/7 Customer Support

    We have a support team working 24/7 ready to give your issue concerning the order their immediate attention. If you have any questions about the ordering process, communication with the writer, payment options, feel free to join live chat. Be sure to get a fast response. They can also give you the exact price quote, taking into account the timing, desired academic level of the paper, and the number of pages.

Excellent Quality
Zero Plagiarism
Expert Writers

Custom Writing Service

Instant Quote
Single spaced
approx 275 words per page
Urgency (Less urgent, less costly):
Total Cost: NaN

Get 10% Off on your 1st order!